Strategeast signed a memorandum of understanding with Omani innovation platform Madarek aiming for technology ecosystem development in Oman.
The collaboration will foster knowledge and best practices exchange to extend an international subject-matter-expert pool to Madarek Network and the Omani Business Community.
The parties will be jointly working on creating programs for startups development, uniquely designed for the needs of the Omani startup environment, according to the best international practices and as a result of collaborations with key stakeholders, including from Silicon Valley.
The programs will focus on developing the competencies and accelerating the growth of local startups letting them scale up and enter global markets. StrategEast will leverage its international expertise and solid relations with leading tech institutions and investors to showcase the Omani Startups internationally and attract institutional and angel investors.
StrategEast is a leading independent institution working to develop Eurasia’s digital economy, in collaboration with international financial institutions, development agencies, global tech companies, and Eurasian governments.
Madarek is an open innovation platform that connects innovators to share, develop, and collaborate on ideas to transform them into value-added solutions. Its network enables individuals, experts, investors, and organizations from the private and public sectors to collaborate towards enhancing existing products, and services, or build disruptive new solutions that address today’s challenges.